LSE

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

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Prospectus

The official document a company publishes before selling shares to the public. Long, detailed, and worth a read.
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Exchange-Traded Fund (ETF)

A collection of investments, pooled into a single fund that can be bought and sold on a stock exchange.
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Profit and Loss Statement (P&L)

A statement that summarises firm's expenses, costs, and revenues incurred during a time period. AKA income statement.
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Volatility

A measure of how much the prices of an asset or index vary over time.
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Float

Listing a company on a stock exchange, or the shares that are genuinely up for grabs once it’s there.
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Venture Capital Trust (VCT)

A listed company run by a fund manager, investing mainly in private companies.e.
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Real Estate Investment Trust (REIT)

An investment trust specialised in investing in commercial property such as parking garages or GP offices.
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NYSE

The world's largest stock exchange. Wall St HQ.
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Income statement

A summary of a company's income and expenses over a set period of time.
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